Credit unions hail start of rollout of current accounts

A group of 30 credit unions, including ones in Cork, Kerry, and Tipperary, has hailed the rollout of current accounts for the first time as an alternative to the big banks for its members.

Products such as overdrafts, Mastercard debit cards with contactless payments, standing orders, and direct debits will be offered by the credit union group, currentaccount.ie, which will coordinate the services on behalf of the credit unions.